Thread: Insurance for track/race bike and trailer

Usually not if it's a racebike. I have mine covered under my business policy along with contents insurance for tools and gear. The trailer itself is covered by a separate auto style policy. You can get "racebike" insurance, but it's usually dollar for dollar and doesn't make sense at all.

Originally Posted by DEPO

Is it titled? If it is, they give you a comprehensive with no liability.

Which means it would be covered because of fire, theft, and etc...

It's title and just received in the mail my Plate sticker for 2007 (Boy, that was a waste of $35 )

Originally Posted by abtech

Usually not if it's a racebike. I have mine covered under my business policy along with contents insurance for tools and gear. The trailer itself is covered by a separate auto style policy. You can get "racebike" insurance, but it's usually dollar for dollar and doesn't make sense at all.

I will cover my trailer under my auto/rv policy so no big deal on that but.... since I don't have my own business... what are my options on the bike. I'm not asking for dollar to dollar, just want some kind of theft protection. I know it is insured in my garage since I reported all the toys in my policy but I am more worried to see the bike stolen with the trailer while traveling

Originally Posted by gthotchkiss

State Farm currently covers trackdays under their insurance. I've heard that they are going to stop at some point... but currently it's a pretty good deal. However they do NOT cover if it is in a "Race", only trackdays. I have a buddy who totalled his CBR1000 at the track a bit ago and they took care of it.

edit: whoops... well I guess this would cover theft too

Thanks... I'll call them..

I'm also dealing with my insurance to make sure they cover track and race day in case I get hurt... Better be safe then sorry...

i will be glad if i could get full coverage on my bike again

Originally Posted by DEPO

I have statefarm and my good friend is our agent.....

It is a comprehensive policy, no liability. It will cover damage, theft, fire, and etc... like a standard comprehensive policy will.

According to my State Farm agent, if the vehicle is used in any santioned competition event, it is not insurable under any policy they offer. I just got off the phone and he spent about 20 minutes with their Claims Office in Marshal double checking.

Originally Posted by Purpdust

...list of Items that you have that have significant cost (Helmets, Leathers, Tools sex toys, etc.)

What kind of sex toys do you have??

Originally Posted by FrenchieR6

help me here....

I need to cover my trailer which my insurance told me they could do that under a seperate RV type of policy but wouldn't cover what's in it... Duh!!!

My Vstar is insured under my vehicle pollicy but now I can't insured my R6 cause they won't insured track/race bike. All I really want is in case it get stolen ... I mean, this baby is PIF and I'm putting alot of money into it so I just want to make sure I don't loose it all cause some idiots didn't want to work for one...

Any suggestion please post it up...

Thanks

If you're just trying to cover theft, see if it's cover it under renter's or homeowner's insurance. I was amazed at the things I could claim under my renter's insurance.

Otherwise, you should be able to have it covered until comprehensive like DEPO said.

I just asked my agent a couple of weeks ago about insurance on the bike and a few other items, the bike was a big HELL NO

Originally Posted by Hammer

I just asked my agent a couple of weeks ago about insurance on the bike and a few other items, the bike was a big HELL NO

You really need to ask the agent flat out if he will put in writing that they will pay you xxxxx.00 if the bike is stolen or burned to smitherings in a fire. The last time I looked right in my agents eyes and asked him that question he just said: No fucking way . . . it's a race vehicle and no one will cover that under a normal comp policy. I have spent more than a million dollars with this guy over the past 30 years and he expects to see another mil before I retire. He wouldn't bullshit me . . .

I'm not asking any for insurance to cover my ass or the bike on a track but more so for theft... Sh*t, I spend alot of money on my baby and I hate for an Ass to come and steal everything I work hard for just because they are to lazy to work for theirs.... I have kept every single receipts so I would be glad to show any of those insurance how much I paid to how much they would cover.... man, that kind of piss me off.. I mean, they take your money for YEARS and when it comes to little "out of the curb" issue, they all turning their back on you... I don't like Insurance. LOL

I feel better now...

To cover your bike:
I dont see why you cant get theft insurance for a track only motorcycle... You can have insurance on a vehicle that is not registered cant you? Most track orgs will cover you by stating you were receiving instruction at a trackday and the some insurance companies do cover accidents at the track. Just dont tell em you were racing.

To cover your ass....
You can talk to your insurance agent about accidental death or dismemberment policies... you can also look into personal health insurance. I definitely wouldnt ride if I didnt have some kind of regular health insurance

-jh

Originally Posted by RIZ

why not just keep it registered for the street and keep ins on it.????????????

I coudln't be lucky like you Riz.


Acutally my trailer is cover thru my SUV insurance and just added thelft on it thru my homeowner insurance. Also kept my R6 insured like I had it before so at least I have it covered if it get stolen for what it's worth (blue book) ...better then nothing I guess.